It has been an active year for Rajah & Tann’s shipping practice. Under the leadership of Toh Kian Sing, the nine partner group has made significant inroads in the offshore oil and gas sector. For example, it acted for Transocean in a US$100 million rig ...
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It has been an active year for Rajah & Tann’s shipping practice. Under the leadership of Toh Kian Sing, the nine partner group has made significant inroads in the offshore oil and gas sector. For example, it acted for Transocean in a US$100 million rig supply contract dispute with a Philippines exploration company, and advised Daxin Petroleum in a claim brought by First Ship Lease arising out of a sale and leaseback transaction with related actions in Japan, China and Singapore.
In the financing space, the firm benefited from the increasing popularity of offshore bond issues, securing various appointments to act for bond issuers or investors. Most notably, the team advised the placement agents for the PetroSaudi Group in a US$250 million private bonds placement for oil rigs to be deployed in Venezuela.
On the jurisprudence front, the team was involved in 11 out of 16 written shipping/admiralty judgments delivered by Singapore’s High Court in the past year.
Peers expect an equally strong year ahead for the firm, as the addition of six shipping lawyers has bolstered its group to 27 fee earners.
Leong Kah Wah, Jainil Bhandari, Winston Kwek and Ian Teo all come recommended for their contributions in the sector.
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